I understand that investing your money might be stressful, scary, and a lot to take in at first. With this post, I hope to make it easier for you.
One of the most important things to do to start investing your first dollar is to save some money to get started. If you’re not sure how to do it, I recommend paying yourself first.
This part is very important! Do your research when investing. Know what you’re putting your money towards.
The best you can do in my opinion is to open an account with an online broker. You can also find someone to manage your investments for you, but their fees are mostly way higher.
What do you want to invest in? If you invest over a longer period of time, the ups and downs of the stock market will more likely be evened out.
It’s time to check what you have invested in. I would recommend not checking it too often, but once every month would be recommended.